BELOIT, Wis., July 27, 2020 /PRNewswire/ -- Louis Pinkham, Chief Executive Officer of
Regal Beloit Corporation (NYSE: RBC), announced that the Board of
Directors, at its regular quarterly meeting held on July 27, 2020, declared a dividend of
$0.30 per share. The dividend is
payable on October 9, 2020, to
shareholders of record at the close of business on September 25, 2020. The company has paid a
dividend every quarter since January
1961.
Regal Beloit Corporation is a global leader in the engineering
and manufacturing of electric motors and controls, power generation
solutions, and power transmission products serving customers
throughout the world. We create a better tomorrow by developing and
responsibly producing energy-efficient products and systems.
Our company is comprised of four operating segments: Commercial
Systems, Industrial Systems, Climate Solutions, and Power
Transmission Solutions. Regal is headquartered in Beloit, Wisconsin and has manufacturing, sales
and service facilities worldwide. For more information, visit
RegalBeloit.com.
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SOURCE Regal Beloit Corporation